DBS to invest up to $150 mln in Hong Kong fund

Reuters, 27 Apr 2010
SINGAPORE, April 27 (Reuters) Singapore's DBS (DBSM.SI) will invest up to $150 million in a fund being launched by Hong Kong-based Myo Capital that will pick distressed debt in Asia-Pacific excluding Japan, the two companies said on Tuesday.
DBS Asset Management has also agreed to take a minority stake in Myo, they said. Full Story

Related:
DBS to Invest in Myo Fund - The New York Times